Market Outlook for 6th June, 2014

Nifty Future:

Yesterday market gyrated between two levels written yesterday  and finally ended above 7485.. Going forward, it could face resistance between 7538 to 7560 and only a move beyond 7605, will open further targets on upside.

In stock Future, Reliance Capital will continue to moveup with huge momentum so too Tata Steel.. On every correction, both stocks can be bought for a long term gains.

If you a serious trader and would like to trade as per technicals, connect to Chat room !!

Good Luck !!